I am a non dom for IHT purposes for the next 10 years on my overseas assets and have now been resident in the UK for 4 years, but wish to set up a UK based trust with my grandchildren as beneficiaries. The trustees will be UK resident as will the location of the settlement.
I realise the trust will be subject to UK income tax and IHT rules, but I wonder if there might be any other restrictions on me as a non dom establishing such a trust?
Thank you
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